Business
Results for the year ended 31 December 2018
Results for the year ended 31 December 2018.
About this update from Atalaya Mining Copper Sa
[{"type":"text","content":"\n \nRNS Number : 0664V Atalaya Mining PLC 04 April 2019 \n\n4 April 2019\n \nAtalaya Mining Plc\n(\"Atalaya\" and/or the \"Group\")\nResults for the year ended 31 December 2018\nA successful year reporting €53.5 million EBITDA for 42,114 tonnes of copper\n \nAtalaya Mining Plc (AIM: ATYM; TSX: AYM) is pleased to announce its audited consolidated results for the year ended 31 December 2018.\nThe full audited report, including the consolidated Financial Statements is also available under the Company's profile on SEDAR at www.sedar.com and on Atalaya's website at www.atalayamining.com\nFinancial Highlights\n \n\n\n\n\nYear ended 31 December\n\n\n \n\n\n2018\n\n\n2017\n\n\n%\n\n\n\n\nRevenues from operations\n\n\n€k\n\n\n189,476\n\n\n160,537\n\n\n18.0%\n\n\n\n\nOperating costs\n\n\n€k\n\n\n(128,898)\n\n\n(114,687)\n\n\n12.4%\n\n\n\n\nEBITDA\n\n\n€k\n\n\n53,542\n\n\n41,347\n\n\n29.5%\n\n\n\n\nProfit for the year\n\n\n€k\n\n\n34,441\n\n\n18,211\n\n\n89.1%\n\n\n\n\nEarning per shares\n\n\n€ cents/share\n\n\n25.4\n\n\n15.5\n\n\n63.9%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nCash flows from operating activities\n\n\n€k\n\n\n55,333\n\n\n30,500\n\n\n81.4%\n\n\n\n\nCash flows used in investing activities\n\n\n€k\n\n\n(65,712)\n\n\n(22,678)\n\n\n189.8%\n\n\n\n\nCash flows from financing activities\n\n\n€k\n\n\n593\n\n\n33,899\n\n\n(98.3)%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nWorking capital surplus\n\n\n€k\n\n\n8,435\n\n\n22,137\n\n\n(61.9)%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nAverage realised copper price\n\n\n$/lb\n\n\n2.95\n\n\n2.66\n\n\n10.9%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nCu concentrate produced\n\n\n(tonnes)\n\n\n180,661\n\n\n165,965\n\n\n8.9%\n\n\n\n\nCu production\n\n\n(tonnes)\n\n\n42,114\n\n\n37,164\n\n\n13.3%\n\n\n\n\nCash costs\n\n\n$/lb payable\n\n\n1.94\n\n\n1.91\n\n\n1.6%\n\n\n\n\nAll-In Sustaining Cost\n\n\n$/lb payable\n\n\n2.26\n\n\n2.30\n\n\n(1.7)%\n\n\n\n\n \n· Revenues amounted to €189.5 million during 2018 (2017: €160.5 million) as a result of 183,368 tonnes of concentrates sold in the period (2017: 158,591 tonnes). As at 31 December 2018, Atalaya had 4,667 tonnes of copper concentrate in inventories (2017: 7,274 t...